Microsoft may fall to 379.00 - 388.00

Our pivot point is at 439.

Our preference

The downside prevails as long as 439 is resistance.

Alternative scenario

Above 439, look for 454 and 463.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the share stands below its 20 and 50 day moving average (respectively at 441.89 and 438.9818).

Supports and resistances

463 **

454 *

439 **

433

417.12 (USD-last)

396

388 **

379 *

371 **

Number of asterisks represents the strength of support and resistance levels.